A very popular initiative that in just three-and-a-half years has provided more than $560 million in loan guarantees to nearly 7,000 veterans to start or expand their small businesses is being renewed for three more years, according to the U.S. Small Business Administration.
Patriot Express loans are offered by SBA’s network of participating lenders nationwide and feature one of SBA’s fastest turnaround times for loan approvals. Patriot Express loans are available for up to $500,000.
For veterans this is a viable option for securing financing and I encourage qualified entrepreneurs to consider these loans.
Your local SCORE office can assist you in working with an SBA “preferred lender” or respond to this blog with your questions and I’ll try to provide more information.